Coinbase adds more than 100 USDC-settled contracts after Deribit acquisition

  • Coinbase advanced Deribit integration after acquiring the crypto options trading platform.
  • Coinbase launched more than 100 USDC-settled contracts across five market areas.
  • Deribit introduced stock and ETF perpetual contracts for the first time.

Coinbase has made further progress integrating Deribit after acquiring the crypto options trading platform, according to Coinbase Chief Business Officer Shan Aggarwal. The companies have launched more than 100 new USDC-settled contracts across five market areas, including pre-IPO perpetual contracts, marking the largest perpetual-contract expansion in Deribit’s history. Deribit also introduced stock and ETF perpetual contracts for the first time, deployed a new matching engine to make its core trading infrastructure faster and more stable for large-scale transactions without changing the user experience, and connected its spot trading service to Coinbase’s spot liquidity.

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